ATLANTA, GA-
Dec. 1997 - Hotel Partners International has confirmed the sale of
the Ramada Deauville Resort in Miami Beach, FL. The resort was sold
by a local private investor to a joint venture between Memphis-based Davidson
Hotel Company and Prudential Real Estate Investors for an undisclosed
price. The property will be managed by Davidson Hotel Co. Robert
Taylor of Hotel Partners' Atlanta office, a native of nearby Miramar and
graduate of the University of Miami, represented the seller in this
transaction.

Renovations of over $13 million will reportedly be completed.
Extensive property improvements could result in the eventual repositioning
of the hotel to capture a stronger share of the group and high-end leisure
segments.

The 544-room Deauville the second largest lodging facility in
Miami Beach was the site of the taping for the Beatles' premier with
Ed Sullivan in 1964, and a major convention hotel for the 1972 Democratic
National Convention.

The Deauville is located on Collins Avenue, north of South Beach's Art
Deco District and near Bal Harbour. Amenities include 500 feet of
beachfront along the Atlantic, tennis courts, multiple food and beverage
outlets, various recreational facilities and 72,000 square feet of meeting
and banquet space.